Yahoo! News: Business
                  -----------------------------------
                  as of Fri, 30 Sep 2005 12:16:56 GMT

    Liberty Global to buy Cablecom (Reuters)

Reuters - Liberty Global  said it had agreed to buy Switzerland's
 Cablecom for 2.825 billion Swiss francs ($2.187 billion), halting the
 country's biggest flotation in four years and taking investors by
 surprise.

    Wal-Mart to take control of Japan's Seiyu (Reuters)

Reuters - Wal-Mart Stores Inc.  will take majority control of struggling
 Japanese retailer Seiyu Ltd. (8268.T) through a combined 115 billion
 yen ($1 billion) rescue package, stepping further into the crowded
 Japanese market.

    Boeing machinists ratify new contract (Reuters)

Reuters - Boeing Co.'s  commercial jet workers voted on Thursday to
 ratify a new labor contract that ended a four-week strike, kept intact
 most benefits and reopened factories for jetliner production.

    Stock futures flat before confidence data (Reuters)

Reuters - Stocks futures pointed to a flat market opening on Friday
 before reports that are expected to show a sharp drop in consumer
 sentiment.

    McDonald's Japan to revise estimates (Reuters)

Reuters - McDonald's Japan (2702.Q), the country's biggest fast-food
 chain, cut its full-year net profit forecast by 99 percent on Friday
 due to a one-off loss resulting from back pay for its staff and on dull
 per-customer spending.

    Katrina-Related Job Losses Reach 279,000 (AP)

AP - The number of people out of work because of Hurricane Katrina has
 reached 279,000, and many more job losses are expected because of
 Hurricane Rita.

    Stock futures flat before confidence data (Reuters)

Reuters - Stocks futures pointed to a flat market opening on Friday
 before reports that are expected to show a sharp drop in consumer
 sentiment.

    U.S. Stock Funds Post Outflow For Aug. (Investor's Business Daily)

Investor's Business Daily - As the stock market slid in August,
 investors trimmed their contributions to stock mutual funds.

    Wal-Mart to Take Controlling Stake in Seiyu (AP)

AP - Wal-Mart Stores Inc., the world's biggest retailer, will raise its
 stake in the Japanese retailer Seiyu to more than 50 percent from 42
 percent at a cost of as much as nearly $600 million, Seiyu said Friday.
 The move will make Seiyu a Wal-Mart subsidiary and expand Wal-Mart's
 influence in the world's second biggest retail market.

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